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Islander and Medici trade the European open

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  • Post #6,461
  • Quote
  • Mar 25, 2022 11:25am Mar 25, 2022 11:25am
  •  medici
  • Joined Nov 2008 | Status: Member | 3,069 Posts
Quoting Islander
Disliked
Here on my M1 chart, both the ATR & Volume alerted us to this possibility and then showed a Sell signal {image}
Ignored
Nice That was way before I got started I wait for the open, follow the flow, and hit it when I see what's going on.
Homeruns and capital preservation.
 
 
  • Post #6,462
  • Quote
  • Mar 25, 2022 11:39am Mar 25, 2022 11:39am
  •  medici
  • Joined Nov 2008 | Status: Member | 3,069 Posts
One more chart...this'll be the last one, illustrating the modified Fibonacci pivots.
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Homeruns and capital preservation.
 
1
  • Post #6,463
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  • Mar 25, 2022 12:43pm Mar 25, 2022 12:43pm
  •  Islander
  • Joined Jan 2007 | Status: Member | 11,754 Posts
and my last chart for today...Tgt 1 & Tg 2 are work in progress....

Thank you Medici "Très bon weekend à toutes et tous!"....toi aussi
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Trading Levels with WRBs & Aggressive, Volatile Volume
 
 
  • Post #6,464
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  • Mar 25, 2022 1:42pm Mar 25, 2022 1:42pm
  •  Nicy
  • | Joined Sep 2021 | Status: Member | 488 Posts
Quoting Islander
Disliked
{quote} No problem with MT4, I'll ask our resident coder to take a look. It would be helpful if you could post some say M5 charts with your indicator on them. This would allow us to look at things in greater detail. I am working on my own ideas, also based just on the Cash Market for Dax, which means a lot of manual inputing. I need to see if they have any value before showing them.
Ignored
Busy day for me. Here's the today's levels for reference, drawn on M5. Maybe we're on to something here.
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Wealth is not built in a day.
 
1
  • Post #6,465
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  • Mar 25, 2022 1:44pm Mar 25, 2022 1:44pm
  •  Nicy
  • | Joined Sep 2021 | Status: Member | 488 Posts
Quoting Nicy
Disliked
{quote} Busy day for me. Here's the today's levels for reference, drawn on M5. Maybe we're on to something here. {image}
Ignored
One note. I'm not plotting the PP which is (H+L+C)/3. I'll add it to my chart in the next days.
Wealth is not built in a day.
 
 
  • Post #6,466
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  • Edited 6:23pm Mar 25, 2022 6:02pm | Edited 6:23pm
  •  OAPDave
  • Joined Jan 2015 | Status: Member | 3,646 Posts
Quoting slowbrain
Disliked
{quote} Sorry Dave i have no clue ...
Ignored
Hi Slowbrain
If it is any use to you

H5= H4+1.168*(H4-H3)

L5= L4-1.168*(L3-L4)

Hence your present H5 & L5
become
H6 & L6
 
 
  • Post #6,467
  • Quote
  • Mar 26, 2022 4:24am Mar 26, 2022 4:24am
  •  medici
  • Joined Nov 2008 | Status: Member | 3,069 Posts
Another great video by Marius:

Inserted Video
Homeruns and capital preservation.
 
1
  • Post #6,468
  • Quote
  • Mar 26, 2022 7:08am Mar 26, 2022 7:08am
  •  OAPDave
  • Joined Jan 2015 | Status: Member | 3,646 Posts
Quoting medici
Disliked
Another great video by Marius: https://www.youtube.com/watch?v=bkSS_kPCctQ
Ignored
Thanks for the video
This rational was the reason that I looked at Murrey just to see if he had found a few tweaks that gave an added edge
Also same applies to my interest in Camarilla now
 
1
  • Post #6,469
  • Quote
  • Edited 12:35pm Mar 27, 2022 12:19pm | Edited 12:35pm
  •  medici
  • Joined Nov 2008 | Status: Member | 3,069 Posts
Sundays are days for listening to the gospel


Quote
Disliked
“The simple traders win, I’m telling you.”

“The simplest strategies are the most powerful.”

“The simplest methods work the most.”

“…stop thinking, stop tinkering, stop wondering…”

“Your job is not to make money.”

“Your job is the loss side. The market’s job is the win side.”


...and more.


Inserted Video
Homeruns and capital preservation.
 
1
  • Post #6,470
  • Quote
  • Mar 28, 2022 5:36am Mar 28, 2022 5:36am
  •  Islander
  • Joined Jan 2007 | Status: Member | 11,754 Posts
Quoting medici
Disliked
One more chart...this'll be the last one, illustrating the modified Fibonacci pivots. {image}
Ignored
and this is my Work in Progress for NQ on Friday - and this was before I looked at your video, or your post.....
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Trading Levels with WRBs & Aggressive, Volatile Volume
 
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  • Post #6,471
  • Quote
  • Mar 28, 2022 5:41am Mar 28, 2022 5:41am
  •  Islander
  • Joined Jan 2007 | Status: Member | 11,754 Posts
Quoting medici
Disliked
Sundays are days for listening to the gospel {quote} ...and more. https://www.youtube.com/watch?v=nFRBGigXyQ4
Ignored
Two interesting videos - thank you.

I especially like the words KISS & Confluence
Trading Levels with WRBs & Aggressive, Volatile Volume
 
2
  • Post #6,472
  • Quote
  • Mar 28, 2022 5:47am Mar 28, 2022 5:47am
  •  medici
  • Joined Nov 2008 | Status: Member | 3,069 Posts
Quoting Islander
Disliked
{quote} and this is my Work in Progress for NQ on Friday - and this was before I looked at your video, or your post..... {image}
Ignored
Thank you, that seems to coincide almost perferctly with the modified Fibonacci pivot levels!?
Homeruns and capital preservation.
 
 
  • Post #6,473
  • Quote
  • Mar 28, 2022 9:09am Mar 28, 2022 9:09am
  •  Islander
  • Joined Jan 2007 | Status: Member | 11,754 Posts
Quoting medici
Disliked
{quote} Thank you, that seems to coincide almost perferctly with the modified Fibonacci pivot levels!?
Ignored
Indeed they do. They are my variation

Work In Progress
Trading Levels with WRBs & Aggressive, Volatile Volume
 
1
  • Post #6,474
  • Quote
  • Mar 28, 2022 10:02am Mar 28, 2022 10:02am
  •  medici
  • Joined Nov 2008 | Status: Member | 3,069 Posts
Enter just after the open, exit just above the 61.8% resistance. 130 points to begin with. Will there be more to the upside?
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Homeruns and capital preservation.
 
 
  • Post #6,475
  • Quote
  • Mar 28, 2022 10:05am Mar 28, 2022 10:05am
  •  medici
  • Joined Nov 2008 | Status: Member | 3,069 Posts
Quoting Islander
Disliked
{quote} Indeed they do. They are my variation Work In Progress
Ignored
Curious about the details...
Homeruns and capital preservation.
 
 
  • Post #6,476
  • Quote
  • Mar 28, 2022 10:20am Mar 28, 2022 10:20am
  •  Islander
  • Joined Jan 2007 | Status: Member | 11,754 Posts
Quoting medici
Disliked
{quote} Curious about the details...
Ignored
Details sent...
Trading Levels with WRBs & Aggressive, Volatile Volume
 
1
  • Post #6,477
  • Quote
  • Mar 28, 2022 12:07pm Mar 28, 2022 12:07pm
  •  Islander
  • Joined Jan 2007 | Status: Member | 11,754 Posts
NQ at European close
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Trading Levels with WRBs & Aggressive, Volatile Volume
 
2
  • Post #6,478
  • Quote
  • Mar 28, 2022 12:07pm Mar 28, 2022 12:07pm
  •  Nicy
  • | Joined Sep 2021 | Status: Member | 488 Posts
Here today's chart on the DAX as an example of a wild day with no levels respected. The pink/orange lines are the inside levels, the green/red near them are the L3 and H3.
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Wealth is not built in a day.
 
 
  • Post #6,479
  • Quote
  • Mar 29, 2022 3:33am Mar 29, 2022 3:33am
  •  Nicy
  • | Joined Sep 2021 | Status: Member | 488 Posts
as posted elsewhere. Also, check the green moving average. clear trend. free pips today.
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Wealth is not built in a day.
 
 
  • Post #6,480
  • Quote
  • Edited 8:05am Mar 29, 2022 5:28am | Edited 8:05am
  •  OAPDave
  • Joined Jan 2015 | Status: Member | 3,646 Posts
Another Simple way
When the Train leaves the Station hop on board
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